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RickM RickM is offline
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Can you write off the money spent from a line of credit?

I had taken out a fixed equity loan, with a low interest rate, and can write the amount off....plus the rate was much lower than a line of credit.

If you can come up with a figure and don't use the entire amount then use the remainder to pay toward the principal of the loan.

Just a thought.
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Warren & Ron, may you rest in Peace.
Old 06-18-2007, 05:40 PM
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